Capstone Headwaters has published its Q4 Pet & Animal Care summary with insights from Managing Director Tom Elliott. Steady wage growth and historically low unemployment have supported industry dynamics such as pet humanization, rising pet ownership, and expanding insurance coverage, garnering significant industry tailwinds and subsequent merger and acquisition (M&A) opportunities. The report highlights:

• Industry Overview and Trends
• M&A Segment Breakdown
• Financial vs. Strategic M&A
• Public Company Activity
• Pharmaceuticals Segment